Cheniere Energy (LNG) Higher As China Plans to Invest in LNG Plant
Get Alerts LNG Hot Sheet
Join SI Premium – FREE
Shares of Cheniere Energy Partners Ltd (NYSE: LNG) are moving higher in pre-market trading Tuesday following reports that China's sovereign wealth fund will invest in the first LNG export terminal in the U.S. outside Alaska.
In all, a $1.5 billion equity investment is being led by Blackstone, along with the Government of Singapore Investment Corp and the State of Louisiana.
In all, a $1.5 billion equity investment is being led by Blackstone, along with the Government of Singapore Investment Corp and the State of Louisiana.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Cheniere Energy (LNG) PT Lowered to $206 at UBS
- Sanofi jumps as Q1 key profit measure tops estimates; Citi reiterates Buy
Create E-mail Alert Related Categories
Corporate News, Momentum Movers, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!